2016 NGN to AUD Historical Review

YEARLY HIGH

0.0073 AUD

YEARLY LOW

0.0038 AUD

YEARLY AVERAGE

0.0055 AUD

2016 NGN to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0073. Conversely, the yearly low was recorded on August 22, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0036 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0072 to the December average rate of 0.0043, the exchange rate registered a net change of -39.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0073 was up 0.93% compared to the 2015 peak of 0.0073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 7,334 AUD

2015 Average 6,731 AUD

Yearly Trough Low 3,766 AUD

Transaction Impact: A difference of 3,568.63 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0075

0.0038

JanuMarcMayJulySeptNove

NGN to AUD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0068, compared to 0.0043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0068

H2 Avg (Jul–Dec) 0.0043

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0023 AUD (High: 0.0070 / Low: 0.0046). On the other end, September was the most stable month, with a tight range of 0.0001 AUD (High: 0.0043 / Low: 0.0042).

June Spread (Volatile) ±0.0023

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0072) against the same month in 2015 (average: 0.0067), the exchange rate shifted by +0.0005 (+7.33%).

2016 Avg (January) 0.0072

2015 Avg (January) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0073	0.0069	0.0072
February	0.0071	0.0069	0.0070
March	0.0070	0.0066	0.0067
April	0.0067	0.0064	0.0066
May	0.0070	0.0066	0.0069
June	0.0070	0.0046	0.0062
July	0.0047	0.0041	0.0045
August	0.0043	0.0038	0.0041
September	0.0043	0.0042	0.0042
October	0.0043	0.0041	0.0042
November	0.0044	0.0041	0.0042
December	0.0045	0.0042	0.0043